"If Veblen failed to develop an evolutionary methodology, he also failed to develop a comprehensive evolutionary theory to explain in detail how institutions evolve in the cultural environment and what sorts of interaction occur between economic activity and institutional structures. Veblen was something of an intellectual butterfly, and he often lacked the patience to elaborate his ideas into a coherent system. But he teemed with fragmentary insights, and these can be pieced together to suggest the outlines of a Veblenian scheme of cultural evolution - what might be called a ‘pre-theory’ of cultural change."
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Academics from the United StatesNon-fiction authors from the United StatesSocialists from the United StatesEconomists from the United StatesSociologists from the United States
Original Language: English
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Cynthia Eagle Russett, (1976) Darwin in America: The Intellectual Response 1865/1912, San Francisco, CA, W. H. Freeman. p. 153; as cited in Hodgson (2004; 357)
https://en.wikiquote.org/wiki/Thorstein_Veblen
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Thorstein Veblen
Thorstein Bunde Veblen (30 July 1857 – 3 August 1929) was a Norwegian-American sociologist and economist and a leader of the Efficiency Movement, most famous for The Theory of the Leisure Class (1899).
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